Pursuing a private finance option for the Lower Thames Crossing will cost significantly more, new figures submitted by National Highways to the governmenthave revealed. Using a Design, Build, Finance and Operate model (DBFOM) will push current £9bn plus costs up by another £1bn, and still require considerable public funding of £5bn -roughly half the capital cost. The new information comes in a revised Funding Statement for the scheme prepared by NH following Chancellor Rachel...
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